2024 Revenue
$2.7M
Customers
100
Funding
$0
YOY
67.9%
Avg ACV
$26.9K
Team
18
Founded
2017
How Raise CEO Marvin Coleby grew Raise to $2.7M revenue and 100 customers in 2024.
Provider of software as a service tool for funds, companies and law firms intended to securely digitize assets. The company's platform is backed by the latest blockchain technologies and provides strong security and globally transferable securities, enabling users to create and manage digital shares and debt, automate capitalization tables, create customized templates and organize their organizational finances.
Last updated
Raise Revenue
In 2024, Raise's revenue reached $2.7M. The company previously reported $1.6M in 2023. Since its launch in 2017, Raise has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Raise Hit $2.7m revenue in October 2024 |
| 2023 | Raise Hit $1.6m revenue in October 2023 |
| 2021 | Raise Hit $1.3m revenue in April 2021 |
| 2017 | Launched with $0 revenue |
Raise Valuation, Funding Rounds
Raise is a bootstrapped Other Vertical Industry Software startup. Founded in 2017, Raise has grown to $2.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, Raise has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Raise Employees & Team Size
Raise employs approximately 18 people as of 2026.
Raise has 18 total employees in different roles and functions. They have 100 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 18 employees (October 2024) |
| 2023 | Reached 18 employees (October 2023) |
| 2022 | Reached 20 employees (October 2022) |
| 2021 | Reached 17 employees (December 2021) |
| 2021 | Reached 15 employees (April 2021) |
Founder / CEO
Marvin Coleby
Marvin Coleby is the Co-founder and CEO at Raise. Marvin is a corporate lawyer that worked in the Venture Technology group at Dentons, the world’s largest law firm. He worked on early and late-stage transactions on deals between Toronto, Silicon Valley and Toronto. He previously advised on model legal documents at industry-standard venture capital documents for the Canadian Venture Capital Association, and published research at conferences on cross-border investment contracts as a student at McGill University and the Hong Kong Graduate Center of Law. He holds a Bachelor of Law (LL.B.) and Civil Law (B.C.L.) from McGill University Faculty of Law and is called as a solicitor and barrister at the Law Society of Upper Canada.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Raise acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Raise
What is Raise's revenue?
Raise generates $2.7M in revenue.
Who founded Raise?
Raise was founded by Marvin Coleby.
Who is the CEO of Raise?
The CEO of Raise is Marvin Coleby.
How much funding does Raise have?
Raise raised $0.
How many employees does Raise have?
Raise has 18 employees.
Where is Raise headquarters?
Raise is headquartered in Nairobi, Kenya.
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Compare Raise to the industry
Raise operates across multiple industries. Browse revenue, funding, and growth data for Raise in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .